-TheWire.in Despite clear instructions from the courts to provide foodgrains to migrant workers and economically vulnerable families, none of the 62 Distribution centres checked were found to be distributing rations. New Delhi: The Delhi government’s claims to have adopted a scheme to provide rations to poor and marginalised communities – even if they do not possess ration cards – appears to be proving hollow as no Distribution of rations is taking place,...
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Misleading Picture of Household Wealth -CP Chandrasekhar and Jayati Ghosh
-The Hindu Business Line/ NetworkIdeas.org In recent years, when the economy as a whole performed poorly, reports on how old and new businesspersons accumulated huge volumes of wealth in short timespans have been commonplace. There is also evidence that conspicuous consumption is on the rise. This has led observers to conclude that income and wealth inequality in India has increased. Hard evidence on the extent of that increase is difficult to...
More »MSP Will Stop Corporate Encroachment in Agriculture, Ensure Domestic Food Security -Navpreet Kaur and C Saratchand
-Newsclick.in A guaranteed MSP system will also reduce public storage costs/wastage if it is complemented by a universal public Distribution system. The year-long protest by farmers and workers compelled the Centre to repeal the three contentious farm laws, which were designed to further corporate encroachment in agriculture, on November 29. On December 11, the protest ended but not before the protesters reiterated their demand for a legal guarantee on Minimum Support Price...
More »What rising inequality means -S Irudaya Rajan and Udaya S Mishra
-The Hindu ReDistribution measures have been ineffective and there are no policies discouraging accumulation of income and wealth The COVID-19 pandemic has exposed the stark divide between the rich and the poor. At this juncture, evaluating the state of inequality serves as an eye-opener on the income/wealth divides prevailing across regions. Such divides are represented in terms of the share of income/wealth among the top 10% of the population against the bottom...
More »Prof. Jean Dreze, academician and social activist, interviewed by Anil Varghese (Forward Press)
-Forward Press An email interview with one of the foremost development economists against the backdrop of the latest report of the World Inequality Lab describing India as one of the most unequal countries in the world The World Inequality Lab has just published the World Inequality Report 2022. The Paris-based organization, which is directed by top economists, including Thomas Piketty, has painted a grim picture of the inequality in India based on...
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